Graduate Loans for Massachusetts Institute of Technology

The annual tuition at Massachusetts Institute of Technology is approximately $37,510. As a Graduate Student, you may receive up to $8,500 in subsidized Federal Stafford Loan funds. That leaves $29,010 left for you to pay. The GradLoans Private Student Loan program allows you to borrow up to cost of attendance; with an annual maximum of $45,000 (minus other aid received) and the check is sent straight to you so you can use it to help cover all educated related expenses, including tuition, room and board, books and even a computer.

Graduate students attending Massachusetts Institute of Technology may be eligible for one or more low-interest loans available through the Direct Loan Program. One such loan is the Graduate Stafford Loan offers the lowest interest rate and repayment can be deferred until after you graduate from Massachusetts Institute of Technology.

While the Federal Stafford loan is your best choice in starting to finance your graduate degree from Massachusetts Institute of Technology, it is often not enough. Graduate students should also consider the Grad PLUS loan as well as private graduate loans to help cover the cost of their graduate education.

Contacting Massachusetts Institute of Technology

Massachusetts Institute of Technology
77 Massachusetts Avenue
Cambridge, MA 02139-4307
(617) 253-1000
http://web.mit.edu/student/

Student Resources

• The FAFSA financial aid form is required to receive federal student loans
• Win monthly scholarships from $1,000 to $10,000 at ScholarshipPoints.com
• Online graduate degrees offer flexibility and a quality education
• Learn about managing debt, creating a budget, or apply for student credit cards at StudentPlatinum.com

The appearance of Massachusetts Institute of Technology does not imply the school's endorsement of this site or student loans. This site is a resource for graduate students and is automatically generated using publicly released data from the National Center for Education Statistics, IPEDS database: Institutional Characteristics 2009-2010, Enrollments 2009, and Student Financial Aid 2008-2009.